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RE: ebay MGB?

To: mgs@autox.team.net
Subject: RE: ebay MGB?
From: "Mark Lambert" <markl@tibco.com>
Date: Mon, 21 Apr 2003 08:15:36 -0700
At 4/20/2003 10:58 AM, Matthew Hale wrote:

>Date: Sat, 19 Apr 2003 15:12:28 -0400
>From: "Matthew Hale" <haleme@bellsouth.net>
>Subject: RE: ebay MGB?
>
>This is the same B they had advertised a few months ago.  It is a pretty
>B, but I would not pay anywhere near that much for a restored car,
>especially when the interior is so obviously not even close to original
>spec.  Maybe if they lowered the price, they could move some vehicles...
>
>http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&item=2411826034&category=31857
>
>Matthew Hale
>67 B
>http://projectmgb.phathookups.com

Their site shows a bunch of different cars, some of which are nice-looking 
MGBs for $20-$30K each.  I'm trying to figure out their business 
model.  Maybe they convince the buyer that (1) it's comparable in price to 
any other brand-new convertible on the road, and (2) unlike those cars, the 
MGB is a classic that will appreciate in value.  And even if they get their 
asking price, I still don't understand how they can do a show restoration 
on a car and get anything close to their money out of it, even at $30K.

markl

1962 MGA 1600 Mk-II

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